Smart Pest Monitoring Management System Market

Smart Pest Monitoring Management System Market Size and Share Forecast Outlook for 2022 to 2032

The global smart pest monitoring management system market is expected to surpass an impressive valuation of USD 806 Million in 2022 and is projected to exhibit a compound annual growth rate (CAGR) of 8% from 2022 to 2032.

Smart pest monitoring management systems are utilized for real-time monitoring of pest populations in residential, commercial, agricultural, and industrial premises. These systems let the users use smart pest trap devices such as smart monitoring traps, mechanical rats, and mouse traps with objects so as to analyze and predict pest population growth using predictive analysis.

Furthermore, they also help the users decide on preventive actions to be taken before the pest population spreads. Smart pest monitoring systems help reduce the costs that users incur as a result of the use of chemicals and various pest activities.

Report Attribute	Details
Expected Market Value (2022)	USD 806 Million
Anticipated Forecast Value (2032)	USD 1,740.09 Million
Projected Growth Rate (2022 to 2032)	8% CAGR

2017 to 2021 Global Smart Pest Monitoring Management System Sales Outlook Compared to Forecast from 2022 to 2032

The COVID-19 outbreak has had a significant impact on the growth of the market as the smart pest monitoring management industry relies majorly on residential, commercial, industrial, and agriculture industries that were badly impacted. The travel ban adversely impacted the activities relating to the import and export of insecticides and pesticides from one place to another.

However, the overall demand for smart pest monitoring management systems is likely to increase in the years to come as industries have now attained normalcy in their operational conditions. These systems are much in demand owing to the growing number of rodents, bugs, and pests across different industries.

The global demand for smart pest monitoring management systems is projected to increase at a CAGR of 8% during the forecast period between 2022 and 2032, reaching a total of USD 1,740.09 Million in 2032, according to a report from Future Market Insights (FMI). From 2017 to 2021, sales witnessed significant growth, registering a CAGR of 6%.

Key Growth Drivers Shaping the Smart Pest Monitoring Management System Industry

The increasing rate of organic farming pushing the growth of the market

Organic farming is a unique and fast-growing segment, inhibiting the growth of smart pest-monitoring management systems. The area under organic farming is rapidly growing across the world. According to FiBL statistics, the area under organic cultivation across the world was 69.1 million hectares in 2017, which increased by 8.4% and reached 74.9 million hectares in 2020.

Smart pest monitoring management systems help in easing the handling of attributes like low-to-no re-entry intervals and post-harvest intervals. Similarly, innovations in the area of smart pest monitoring management systems, coupled with a growing consumer awareness about the negative impact of poor pest monitoring, are expected to boost the adoption rate in the near future.

Moreover, the need for timely pest control is vital to evade feeding damages on fields. This boosts the demand for Integrated Pest Management (IPM). IPM improves and increases food availability and farm productivity. In April 2022, the California Department of Pesticide Regulation invested USD 3.75 million to fund 10 research projects exploring IPM tools to address the needs of agricultural, non-agricultural, and urban pest management needs.

The 2021 to 2022 Department of Pesticide Regulation Grants Programs depicts a 617% increase from last year’s investment to boost safer and more sustainable pest management methods. The growing usage of IPM is immensely contributing to the growth of the smart pest monitoring management system market.

Top Regions Leading the Smart Pest Monitoring Management System Adoption

What Makes North America the Largest Market for Smart Pest Monitoring Management Systems?

Increased regional initiatives to drive the adoption of a Smart Pest Monitoring Management System

Various North American industries, including automotive, chemical, rubber, and others are expanding their manufacturing base. Furthermore, rising agriculture activities make this region one of the largest consumers of smart pest monitoring management systems. Thus, the rising manufacturing industries are influencing the development of the regional smart pest monitoring management system market growth.

Why is Europe Considered a Lucrative Region for the smart pest monitoring management system Market?

Increasing Investments are Spurring Demand for smart pest monitoring management system

The Europe smart pest monitoring management system market size is anticipated to register commendable growth from 2022 to 2032, due to a rise in demand for consumer-based goods and warehouses. Germany and France are the top countries in the smart pest monitoring management system market in Europe. The three leading industries in the region are the automotive, food & beverage, and pharmaceutical industries.

Smart Pest Monitoring Management System Industry Analysis by Product Type, Sensor, and End Use

Which Component Type Leads the Market for Smart Pest Monitoring Management Systems?

Hardware Segment To Lead the Component Type of Smart Pest Monitoring Management System

Based on components, the smart pest monitoring management system market is segmented into hardware and software & services. The hardware segment holds a larger share. Based on hardware, it comprises smart monitoring traps, mechanical rats and mouse traps, sensors, and GPS drones, among others.

Startups Transforming the Smart Pest Monitoring Management System Landscape

Some key startups in the Smart Pest Monitoring Management System Market include-

• The Climate is an integrated platform providing hardware and software for farm and weather data analytics. The company claims that its technology helps farmers to collect field data and visualize and monitor field decisions based on crop performance and also manage field variability. Their app is available for both android and ios users. The company also claims to provide recommendations based on their products; field view drive and yield sense and also claims that farmers can consult agronomists, commodities brokers, and other professionals for making farming decisions.
• CropIn is a provider of saas-based farming solutions to agribusinesses. Its offerings are Smartfarm; a complete farm management solution, Smartrisk; risk mitigation and forecasting solutions, warehouse; traceability and compliance solution, and Smartsales; CRM, and input channel management solutions. The company claims to offer its solutions for farming companies, agri-input companies, crop insurance providers, seed production companies, government, and advisories. It also claims to offer Acresquare solutions; a farmer application for companies to connect their farmers, educate them, and share content.

Leading Competitors in the Smart Pest Monitoring Management System Industry

Key players in the smart pest monitoring management system market are Anticimex, Bell Labs, Bayer AG, Corteva, Ecolab, and Rentokil Initial PLC.

• In 2022, RATSENSE's technology will be applied in NEA markets. All NEA markets and hawker centers will have rat surveillance devices installed. Under a two-year experiment, the NEA will deploy around 20 rat surveillance technologies every month, beginning with marketplaces and hawker centers.
• In 2022, Bayer AG announced the launch of its brand-new Research and Innovation Center at Kendall Square in Boston-Cambridge, Massachusetts (USA), further extending the company's presence into one of the most cutting-edge pharmaceutical research and development centers worldwide.

Scope of the Smart Pest Monitoring Management System Industry Report

Report Attribute	Details
Market Value in 2022	USD 806 Million
Market Value in 2032	USD 1,740.09 Million
Growth Rate	CAGR of 8% from 2022 to 2032
Base Year for Estimation	2021
Historical Data	2017 to 2021
Forecast Period	2022 to 2032
Quantitative Units	Revenue in USD Billion and CAGR from 2022 to 2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Component, End-User, Region
Regions Covered	North America; Latin America; Europe; South Asia; East Asia; Oceania; Middle East & Africa
Key Countries Profiled	USA, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, India, Malaysia, Singapore, Thailand, China, Japan, South Korea, Australia, New Zealand, Israel, GCC Countries, South Africa
Key Companies Profiled	Ratdar; Anticimex; Bell Laboratories Inc.; Bayer AG; Corteva; EFOS d.o.o; SnapTrap B.V; Pelsis Group; VM Products; Rentokil Initial Plc.; Futura GmbH; PestWest USA; Ratsense; Ecolab
Customization	Available Upon Request

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
• 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Component
  • 5.1. Hardware
  • 5.2. Software & Services
• 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-User
  • 6.1. Commercial
  • 6.2. Residential
  • 6.3. Agriculture
  • 6.4. Industrial
• 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
  • 7.1. North America
  • 7.2. Latin America
  • 7.3. Europe
  • 7.4. South Asia
  • 7.5. East Asia
  • 7.6. Oceania
  • 7.7. Middle East and Africa (MEA)
• 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
• 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
• 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
• 11. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
• 12. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
• 13. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
• 14. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
• 15. Key Countries Market Analysis
• 16. Market Structure Analysis
• 17. Competition Analysis
  • 17.1. Ratdar
  • 17.2. Anticimex
  • 17.3. Bell Laboratories, Inc.
  • 17.4. Bayer AG
  • 17.5. Corteva
  • 17.6. EFOS d.o.o
  • 17.7. SnapTrap B.V.
  • 17.8. Pelsis Group Ltd
  • 17.9. VM Products
  • 17.10. Rentokil Initial Plc
  • 17.11. Futura GmbH
  • 17.12. PestWest USA
  • 17.13. Ratsense
  • 17.14. Ecolab
• 18. Assumptions & Acronyms Used
• 19. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 to 2032

Table 2: Global Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 3: Global Market Value (US$ Million) Forecast by End-User, 2017 to 2032

Table 4: North America Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 5: North America Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 6: North America Market Value (US$ Million) Forecast by End-User, 2017 to 2032

Table 7: Latin America Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 8: Latin America Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 9: Latin America Market Value (US$ Million) Forecast by End-User, 2017 to 2032

Table 10: Europe Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 11: Europe Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 12: Europe Market Value (US$ Million) Forecast by End-User, 2017 to 2032

Table 13: South Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 14: South Asia Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 15: South Asia Market Value (US$ Million) Forecast by End-User, 2017 to 2032

Table 16: East Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 17: East Asia Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 18: East Asia Market Value (US$ Million) Forecast by End-User, 2017 to 2032

Table 19: Oceania Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 20: Oceania Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 21: Oceania Market Value (US$ Million) Forecast by End-User, 2017 to 2032

Table 22: MEA Market Value (US$ Million) Forecast by Country, 2017 to 2032

Table 23: MEA Market Value (US$ Million) Forecast by Component, 2017 to 2032

Table 24: MEA Market Value (US$ Million) Forecast by End-User, 2017 to 2032

List of Figures

Figure 1: Global Market Value (US$ Million) by Component, 2022 to 2032

Figure 2: Global Market Value (US$ Million) by End-User, 2022 to 2032

Figure 3: Global Market Value (US$ Million) by Region, 2022 to 2032

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2017 to 2032

Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032

Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032

Figure 7: Global Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 8: Global Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 9: Global Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 10: Global Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 11: Global Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 12: Global Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 13: Global Market Attractiveness by Component, 2022 to 2032

Figure 14: Global Market Attractiveness by End-User, 2022 to 2032

Figure 15: Global Market Attractiveness by Region, 2022 to 2032

Figure 16: North America Market Value (US$ Million) by Component, 2022 to 2032

Figure 17: North America Market Value (US$ Million) by End-User, 2022 to 2032

Figure 18: North America Market Value (US$ Million) by Country, 2022 to 2032

Figure 19: North America Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 22: North America Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 23: North America Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 24: North America Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 25: North America Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 26: North America Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 27: North America Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 28: North America Market Attractiveness by Component, 2022 to 2032

Figure 29: North America Market Attractiveness by End-User, 2022 to 2032

Figure 30: North America Market Attractiveness by Country, 2022 to 2032

Figure 31: Latin America Market Value (US$ Million) by Component, 2022 to 2032

Figure 32: Latin America Market Value (US$ Million) by End-User, 2022 to 2032

Figure 33: Latin America Market Value (US$ Million) by Country, 2022 to 2032

Figure 34: Latin America Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 37: Latin America Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 38: Latin America Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 40: Latin America Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 41: Latin America Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 42: Latin America Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 43: Latin America Market Attractiveness by Component, 2022 to 2032

Figure 44: Latin America Market Attractiveness by End-User, 2022 to 2032

Figure 45: Latin America Market Attractiveness by Country, 2022 to 2032

Figure 46: Europe Market Value (US$ Million) by Component, 2022 to 2032

Figure 47: Europe Market Value (US$ Million) by End-User, 2022 to 2032

Figure 48: Europe Market Value (US$ Million) by Country, 2022 to 2032

Figure 49: Europe Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 50: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 51: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 52: Europe Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 53: Europe Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 54: Europe Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 55: Europe Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 56: Europe Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 57: Europe Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 58: Europe Market Attractiveness by Component, 2022 to 2032

Figure 59: Europe Market Attractiveness by End-User, 2022 to 2032

Figure 60: Europe Market Attractiveness by Country, 2022 to 2032

Figure 61: South Asia Market Value (US$ Million) by Component, 2022 to 2032

Figure 62: South Asia Market Value (US$ Million) by End-User, 2022 to 2032

Figure 63: South Asia Market Value (US$ Million) by Country, 2022 to 2032

Figure 64: South Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 65: South Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 66: South Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 67: South Asia Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 68: South Asia Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 69: South Asia Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 70: South Asia Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 71: South Asia Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 72: South Asia Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 73: South Asia Market Attractiveness by Component, 2022 to 2032

Figure 74: South Asia Market Attractiveness by End-User, 2022 to 2032

Figure 75: South Asia Market Attractiveness by Country, 2022 to 2032

Figure 76: East Asia Market Value (US$ Million) by Component, 2022 to 2032

Figure 77: East Asia Market Value (US$ Million) by End-User, 2022 to 2032

Figure 78: East Asia Market Value (US$ Million) by Country, 2022 to 2032

Figure 79: East Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 80: East Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 81: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 82: East Asia Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 83: East Asia Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 84: East Asia Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 85: East Asia Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 86: East Asia Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 87: East Asia Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 88: East Asia Market Attractiveness by Component, 2022 to 2032

Figure 89: East Asia Market Attractiveness by End-User, 2022 to 2032

Figure 90: East Asia Market Attractiveness by Country, 2022 to 2032

Figure 91: Oceania Market Value (US$ Million) by Component, 2022 to 2032

Figure 92: Oceania Market Value (US$ Million) by End-User, 2022 to 2032

Figure 93: Oceania Market Value (US$ Million) by Country, 2022 to 2032

Figure 94: Oceania Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 95: Oceania Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 96: Oceania Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 97: Oceania Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 98: Oceania Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 99: Oceania Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 100: Oceania Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 101: Oceania Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 102: Oceania Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 103: Oceania Market Attractiveness by Component, 2022 to 2032

Figure 104: Oceania Market Attractiveness by End-User, 2022 to 2032

Figure 105: Oceania Market Attractiveness by Country, 2022 to 2032

Figure 106: MEA Market Value (US$ Million) by Component, 2022 to 2032

Figure 107: MEA Market Value (US$ Million) by End-User, 2022 to 2032

Figure 108: MEA Market Value (US$ Million) by Country, 2022 to 2032

Figure 109: MEA Market Value (US$ Million) Analysis by Country, 2017 to 2032

Figure 110: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 111: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 112: MEA Market Value (US$ Million) Analysis by Component, 2017 to 2032

Figure 113: MEA Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 114: MEA Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 115: MEA Market Value (US$ Million) Analysis by End-User, 2017 to 2032

Figure 116: MEA Market Value Share (%) and BPS Analysis by End-User, 2022 to 2032

Figure 117: MEA Market Y-o-Y Growth (%) Projections by End-User, 2022 to 2032

Figure 118: MEA Market Attractiveness by Component, 2022 to 2032

Figure 119: MEA Market Attractiveness by End-User, 2022 to 2032

Figure 120: MEA Market Attractiveness by Country, 2022 to 2032